The Champions League is the competition that everyone wants to watch these days and it is also one of the best competitions to bet on as well because it is so competitive, meaning punters are regularly getting good odds on whatever they are backing. The odds for the Champions League 11/12 season are already available with the bookies and no prizes for guessing who the favourites are.

Barcelona have become the dominant force in Europe in recent years and have won the Champions League three times in the last six seasons which is some achievement, however they have still been unable to retain the Champions League, something that has never been done since the European Cup became the Champions League. You need a certain amount of luck as well as talent to win the Champions League and it seems no team has had that much luck two seasons running which perhaps means Barcelona are short enough at 9/4, although they are certainly worthy favourites.

Man Utd have reached the Champions League Final in three of the last four seasons which is even more often than Barcelona yet it is Real Madrid that are clear second favourites currently at 5/1 with most bookies. Jose Mourinho has become a Champions League specialist winning the competition with both Porto and Inter Milan and now that he has had a season to get used to things at Madrid he could take them close.

Man Utd look a more solid bet at odds up to 10/1, both they and Chelsea are available at that price and both teams are also as short as 7/1 depending on where you bet. Chelsea have consistently fallen short in this competition and it would be no surprise if the same happens again next season even if they appoint Guus Hiddink as boss, at the current odds it certainly is Man Utd who look a very strong each way bet considering youd be paid 5/1 on them reaching the final.

Of the remainder Man City look most interesting at 14/1, they can now attract the upper echelon of players now that they have qualified for the tournament but the chances o! f them b eing good enough in their first season against seasoned campaigners is quite slim, maybe the following season. The likes of Arsenal, AC Milan and Bayern Munich will be difficult opposition for anyone but it would be a great achievement for any of them to reach even the semi finals and prices bigger than 20/1 on each of them look fair.

Click the highlighted link to get tips from the experts at OLBG.com on next seasons Champions League Betting.